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To: allen v.w. who wrote (31011)	2/10/2000 9:52:00 AM
From: kaseyMIT	Read Replies (1) \| Respond to of 40688

SEC ruling against Market Makers sec.gov

To: allen v.w. who wrote (31011)	2/10/2000 11:47:00 AM
From: Pete Summers	Read Replies (2) \| Respond to of 40688

From RB...GZ's chat this morning. < Previous Respond Next > Reply To: None Thursday, 10 Feb 2000 at 11:23 AM EST Post # of 25453 Chat with GZ Here's recap of this am chat as best as I recall: -SEC, he's still waiting and expects to hear soon. In response to a question, said SEC focus not on who's holding the shares. -Discussed eCredit, said can use it same as customer uses AON. Tools built into the site. -PNL averaging 46,000 user (customer)sessions per month. Users tend to stay online for a long time. -Working on auction module, 2 tech teams, estimated completion in 6 weeks. -In response to ques. on DOC, said he's not worried about losing relationships there because of potential changes at top after elections because many staffers are fulltime, not appointed or elected. -When asked about level of transactions on the site said this is not known because user has option to be online or be invisible to them. -In response to question about banks, said as soon as banks become comfortable with ecommerce they should be able to put an alliance together. -Have met with 22 countries in last 12 months to build out the PNL network. These have been high level meetings coordinated by DOC and local embassies. -Have been building a solid training program for users, should begin around March. -Have commission structure with every alliance. -Working on a number of educational programs -In response to question on getting on NASDAQ, said they brought in the best team of pros to help with this and hope to see this achieved soon. -In response to question on PP's, said early pp's have been absorbed into the market. Those sold @ $2 he presumes are being held. That's best I can recall.